Avalon Advanced Materials Inc. has entered into an expanded partnership agreement with Metso Corporation to advance the construction of a full-service lithium processing facility in Thunder Bay, Ontario. The parties have also agreed to co-develop a Technology & Innovation Centre to be located on-site in Thunder Bay, accelerating an Industrial Park concept that will co-locate key supply chain partners. partnership Highlights: Metso to provide testing and engineering equipment procurement and related services to develop and commercialize Avalon's Thunder Bay lithium processing facility.

Overall, this initiative will support Avalon's commitment to minimizing environmental impacts and accelerate Canada's environmental leadership on the world stage.